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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: rllee who wrote (38931)8/23/2010 10:47:45 PM
From: MCsweet  Respond to of 78476
 
TTT,

I am actually buying more rights and stock here, but leaving room to buy more since we still have a week left in the offerring. Often the stock and rights trade cheap into the offering. If I believe in the stock, I typically like to buy on the rights offering, just like for stock offerings.



To: rllee who wrote (38931)8/27/2010 5:35:28 PM
From: MCsweet  Read Replies (1) | Respond to of 78476
 
TTT,

I have been loading up on TTT and TTT rights with the thought of trying to oversubscribe for some. I have been averaging in (started a wee bit too early) with an average cost of about where the stock closed today.

Hopefully this will work out as I expect. A rebounding stock and commodity market wouldn't hurt.

MC



To: rllee who wrote (38931)9/13/2010 10:13:41 AM
From: MCsweet  Read Replies (1) | Respond to of 78476
 
TTT,

Hear me now and believe me later -- just kidding, I felt regurgitating that old SNL bit.

I have been investing in the TTT rights offering just like I do stock offerings. I loaded up during the offering period and would now be looking to pare back now that the stock is up 10%. The stock usually trades cheap into the offering and then often rebounds afterwards (assuming it is not a toxic company, which I don't think it is in this case).

I will look to start unwinding my trading position and keep a core position on this one, since the management is savvy if overly complex. I put in for a lot of oversubscription, but it does not look like I will get much.

MC